Investing.com - Walmart (NYSE:WMT) reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Walmart announced earnings per share of $1.38 on revenue of $141.7B. Analysts polled by Investing.com anticipated EPS of $1.44 on revenue of $142.57B. That with comparison to EPS of $1.41 on revenue of $138.8B in the same period a year before.Walmart had reported EPS of $1.16 on revenue of $128B in the previous quarter.Analysts are expecting EPS of $1.16 and revenue of $127.49B in the upcoming quarter.
Walmart shares are down 0% from the beginning of the year and are trading at $117.89 , down-from-52-week-high.They are under-performing the S&P Global (NYSE:SPGI) 100 which is up 4.14% year to date.
Walmart follows other major Services sector earnings this month
Walmart's report follows an earnings beat by Amazon.com on Thursday, January 30, 2020, who reported EPS of $6.47 on revenue of $87.44B, compared to forecasts EPS of $4.04 on revenue of $86.03B.
Alibaba ADR had beat expectations on Thursday with third quarter EPS of $18.19 on revenue of $161.46B, compared to forecast for EPS of $15.91 on revenue of $159.7B.
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